Register.com Announces Sale of Company to Vector Capital for $7.81 per Share
Tuesday August 9, 8:29 am ET
Transaction Valued at Approximately $200 Million

NEW YORK, Aug. 9 /PRNewswire-FirstCall/ -- Register.com, Inc. (Nasdaq: RCOM - News) today announced that the Company has signed a definitive merger agreement to be acquired by Vector Capital Corporation, a San Francisco-based private equity firm. The all-cash deal is subject to stockholder approval and other customary conditions, but is not subject to any financing contingencies.


Under the terms of the agreement, Register.com stockholders will receive $7.81 in cash for each share of Register.com common stock. The fully diluted equity value of the transaction is approximately $200 million. On June 10, 2005, the Company received an acquisition proposal from RCM Acquisition Co. LLC to purchase the Company for $7.10 per share in cash, which offer was rejected as inadequate. RCM is affiliated with James A. Mitarotonda, a member of Register.com's Board of Directors. The transaction with Vector is the result of the Company's extensive sale process, commenced on June 20, 2005.

Link - http://biz.yahoo.com/prnews/050809/nytu103.html?.v=21